Business Growth Services Aman Nirwal, Regional Manager aman.k.nirwal@uk.gt.com Mobile:

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Business Growth Services Aman Nirwal, Regional Manageraman.k.nirwal@uk.gt.com

Mobile:

Origins of GrowthAccelerator

Formally launched as GrowthAccelerator May 2012

Initially offered until 31 March 2015, now extended until 2017 as part of the Business Growth Service.

GrowthAccelerator is a national (England-wide) service that focuses on providing coaching, training and leadership development whilst developing growth communities to support ambitious businesses.

What is the Business Growth Service?

GrowthAccelerator, Manufacturing Advisory Service (MAS), Intellectual Property Audits and Design Mentoring will integrate to become the Business Growth Service.

The service will continue to provide tailored business support to small and medium sized firms with the ambition and potential to grow.

This service will bring growth businesses closer to existing Government services including:

- UK Trade & Investment- UK Export Finance- Innovate UK (formerly Technology Strategy Board)- Local Growth Hubs

Business Growth Service

Business Eligibility & Suitability

SMEs< 250 employees

Max balance sheet 43m Euro(includes group assets)

Any sector

Any age

Registered in England

Eligibility

Access to Finance

• Bespoke support through the finance raising process• Access to specialist finance coach to support investment readiness• Assistance with funding options including debt and/or equity funding• Introduction to appropriate funders • Access to GrowthAccelerator's Investor Relations team

Complemented by a series of up to three full day Finance specific Masterclasses

Funding Insights on GrowthAccelerator companies

Top 10 SectorsInformation Technology 18%

Retail 11%Business Services 10%

Manufacturing 7%

Food & Drink 5%Medical Devices 5%

Technology 5%

Recruitment 4%

Design 3%

Communications 3%

65%Equity

32%Debt

3%Grants

£766kAverage equity cheque

£374kAverage debt cheque

£262kAverage grant cheque

2.6Funding rounds closed per week

80% syndicate deals

84%16%

Business Development

• Business planning• Strategic planning• Marketing strategy• Organisational change• Improving performance and efficiencies• Recruitment and people management

Complemented by six ½ day workshops

Leadership & Management – all service streams

Up to £2k grant per eligible senior manager

• Self select training for business leaders to improve skills, knowledge & expertise,

• Match funding – company must contribute 50% towards the costs,• Statutory/operational training not eligible - must be focused on

improving leadership and management skills,• Training must be for senior management that are directly involved in

the strategic direction of the business.

Growth Impact Pilot

Could your leadership team benefit from training? Would extra funding help you achieve this?

The Growth Impact Pilot offers match-funding of up to £2,000 per eligible senior manager.

Available exclusively to businesses with a turnover between £250,000 to £2,000,000.

In addition, a selection of participants will be chosen to receive additional coaching support, where the cost of joining GrowthAccelerator will be waived.

Benefits to the business

• Double your management training budget

• Receive up to £2,000 per senior manager

• Improve management team capability

• Access additional business coaching

Participant Feedback so far

98% report that they are

on track to achieve the key milestones set out in their action plan

97% believe that

GrowthAccelerator has been 'important' in increasing their ability to achieve these milestones

Understanding of your business

Business experience

Technical Skills

Credibility

91.2%

94.2%

90.2%

95.3%

Participant Satisfaction with Coach Qualities

What is your investment?

Package of Support valued at £3,500 + VATIncludes coaching, GROWTHMapper, Leadership & Management, Workshops & Masterclasses and Growth Community

To access the service, you pay:£600 + £700 VAT 1-4 employees - you receive a subsidy of £2,900 £1500 + £700 VAT 5-49 employees - you receive a subsidy of £2,000£3000 + £700 VAT 50-249 employees- you receive a subsidy of £500

Q&A

Aman NirwalRegional Manager Business Growth Service

aman.k.nirwal@uk.gt.com

07825027879